Vertiv Q2 profit beats estimates on AI demand, lifts 2026 outlook

Vertiv said it expects third-quarter net sales of $3.65 bln to $3.85 bln.

The company expects full-year net sales of $13.8 bln to $14.2 bln and full-year adjusted diluted EPS of $6.65 to $6.75.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell".

The average consensus recommendation for the electrical components & equipment peer group is "buy".

Wall Street's median 12-month price target for Vertiv Holdings Co is $376.00, about 39.5% above its July 28 closing price of $269.56.

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 38 three months ago.

Vertiv said robust demand for AI and general compute infrastructure drove sales growth.

Higher margins were attributed to operational execution, productivity, and favorable price-cost dynamics, including tariff management.

The company also cited years of investment in technology, capacity, and customer partnerships as supporting growth.

Vertiv said second-quarter revenue rose 24% but missed analyst expectations, while adjusted earnings per share grew 60% and beat analyst expectations.